Minimum Wage Rates 2017

Rates Change on April 1st 2017

Minimum wage rates 2017

Time to update your payroll system because National Minimum Wage rates are changing from April 1st.

Here’s a before and after list for you to check.

 Age 2016 2017
 25 and over £7.20 £7.50
 21 to 24 £6.95 £7.05
 18 to 20 £5.55 £5.60
 Under 18 £4.00 £4.05
 Apprentice £3.40 £3.50

Remember that Real Time Information (RTI) means you must use the correct data to ensure your reporting is accurate.

Lewis Smith & Co. offers a payroll bureau service to take away all of the hassle of managing changes like this. Make sure you remain HMRC compliant and sign up today.

Call us on 01384 235549 or email info@lewissmith.com to discover more.

 

Lewis Smith & Co. – Accountancy services for Kingswinford businesses